Insurance Policies and Law

When your business is sued for something or someones alleged injury, your business insurance policy provides for a defense against the claims. Here we discuss how business insurance provides you a legal defense.

An Insurance Policy is a contract and each side has specific obligations.

Businesses can deduct certain premium payments for business insurance from their federal taxes. This article identifies the basic deductions for business insurance premiums.

Business insurance policy disputes between insurers and insureds often end with a court interpreting the policy. We look at how courts interpret business insurance policies.

Business insurance provides you with a defense and a way to pay claims in case of an injury to a person or property. This article outlines what happens when your company faces a liability claim.

Sometimes insurers act in such a way that the insurer has committed "bad faith."

American International Group or AIG is the nation's largest business insurer. AIG may fail or declare bankruptcy. This article discusses what happens when an insurer becomes insolvent. It addresses whether your business will lose business insurance.

The end of the year is a good time to review your current business insurance and to review needs for the future and here are some tips.

Business insurers may require the use of a release form or limitation on liability form be used by your business. Do release forms limit liability? Can a release form lower business insurance premiums?

All insurers and agents are governed by administrative rules and substantive laws that differ from state to state. Check with your state insurance department for rules and laws specific to your state.